International Paper Company

Meade Electric Co. will move its headquarters from McCook to Chicago, another in a string of companies that have left the suburbs in recent years. Chicago Mayor Rahm Emanuel and Meade officials announced the move Friday morning at the new site near Midway Airport, which used to be the home of cardboard box factory until 2012. Meade purchased the building and the 10-acre site from International Paper. The purchase price wasn’t immediately available. Meade, one of the area’s largest electrical contractors, is only moving about five miles from McCook. But Chief Financial Officer David Leali said the new home will be a “better location for us.” The former...